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FriedButter

FriedButter

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UK to use climate and aid cash to buy weapons for Ukraine​

London says it has climate finance ‘underspends’ that can be used to help Kyiv, angering campaigners.

Britain will take money it had earmarked for poor countries to cope with climate change and give it to Ukraine as part of a £1 billion military aid drive.
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And woke progressives voters wonder why the conservatives voters don’t believe a single word the liberal mouth piece spews out. Shocker. The climate cash pile is actually a slash fund for the elites paid by the state coffers.
 
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Overbom

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Yes, this article is real. Someone explain how negative GDP can outgrow positive gdp...
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U.S.-China Competition Zeroes In on Growth​

Biden’s statement that U.S. GDP might grow faster this year than China’s has struck a nerve in Beijing​

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Over the past month, President Biden twice publicly stated that the U.S. economy might grow faster this year than China’s for the first time since 1976. The statements, which the White House said were based on independent projections, have struck a nerve in Beijing, according to policy advisers and Chinese economists who consult with the government
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Meanwhile, the U.S. economy has rebounded strongly from Covid-related shocks, driven by vaccinations and expansive government stimulus, though high inflation now has led the Federal Reserve to raise interest rates at the fastest pace in decades. Prospects for a recession have grown.
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In a May 30 opinion piece published in The Wall Street Journal about his plan to counter inflation, Mr. Biden sought to present the U.S. economy as strong, saying it “may grow faster this year than China’s economy for the first time since 1976.”
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He followed up with a June 7 tweet, citing independent experts’ projection that the U.S. growth could outperform China’s this year. “America is in a stronger economic position today than just about any other country in the world,” Mr. Biden’s tweet said.
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56860

56860

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He followed up with a June 7 tweet, citing independent experts’ projection that the U.S. growth could outperform China’s this year. “America is in a stronger economic position today than just about any other country in the world,” Mr. Biden’s tweet said.
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Overbom

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PRESIDENT Ferdinand "Bongbong" Marcos Jr. has expressed intent to elevate the country's bilateral relations with China to a "higher level" as the two countries agree to join hands "in coping with regional challenges."
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Marcos made the commitment during his meeting with Chinese Vice President Wang Qishan at the National Museum of Fine Arts in Manila on Thursday, June 30.
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During the meeting, the President told Wang that China is "the most powerful partner of the Philippines," according to a statement released by China's state-run Xinhua news agency
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He said the Philippines' "good-neighborly friendship is in the fundamental interests of both peoples."
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"The new Philippine government attaches utmost importance to the relations with China, and is willing to deepen its participation in the joint construction of the [One Belt One Road], join hands with China in coping with regional challenges and elevate the bilateral ties to a higher level," Marcos said as quoted by Xinhua.
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